When it comes to project management, a number of methodologies, tools and techniques are used. Owing to the difficulties and shortcomings of the traditional project management, a new concept of project management has evolved called 'Extreme Project Management'. The Extreme project management is a modern approach to project management that is mostly seen in the software industry where the complexity of projects is very high and the nature of project is too dynamic.

When it comes to project management, a number of methodologies, tools and techniques are used in order to complete a project successfully. Out of theses methods some have been used for many years are usually referred as traditional or conventional methods of project management. However, with time a number of new methods have also evolved keeping in mind the changing scenario of project management at present and to overcome the difficulties and challenges faced by project managers in the traditional methodologies.

Owing to the difficulties and shortcomings of the traditional project management, a new concept of project management has evolved called 'Extreme Project Management'. The Extreme project management is a modern approach to project management that is mostly seen in the software industry where the complexity of projects is very high and the nature of project is too dynamic.

As most of the software development projects are dynamic with changing specifications and requirement through the entire project life cycle, it is very difficult to manage the project execution process smoothly following the traditional approach. The modern approach of extreme project management helps the project managers to handle the challenging requirements efficiently and effectively to meet the desired goal of the project.

Unlike the traditional approach of project management, extreme project management does not follow fixed set of guidelines and do not have any fixed project phases for execution of the project.

In contrary to that, extreme project management follow contingency approach to execute the project and the same is followed during the entire project cycle that is suited in favour of the project. Moreover, extreme project management do not have lengthy deadlines rather the project is completed in very short period.

In an extreme project management, the entire project team is focussed on delivering in short time that enables any kind of changes if needed in the next delivery cycle. Moreover, in this system of project management the project members are provided with the freedom to work and are free to think innovative and take decision if that is in favour of the project and adds value to the project.

In addition to that, members of the project team are responsible for completing their assignments on scheduled time with quality assurance. The project manger is only not responsible for the entire management but the responsibilities are shared equally between the team members.

Another important thing that make extreme project management more effective is the mindset. In extreme project management, the entire team is provided with an adequate training that enables them to understand each and every aspects of the project very well that changes the mindsets of each team member making them feel more confident about the project and their roles in the project.

One more aspect of extreme project management is it requires self-management. In this system, as there is no central authority for the execution of the project, therefore it is very essential for each and every individual engaged in the project to execute their responsibilities properly in order to give the best productive outcome for the project.